News and Information from Bond Buyer

In California, some cities are contemplating desalination and other ways of increasing water supply as the the state prepares for a third year of drought.

In his annual revenue speech, Virginia Gov. Ralph Northam highlighted the state’s record reserves, budget surplus and optimistic economic outlook.

Adovactes are hopeful a provision cutting in half the required PAB-financing for low-income housing projects will be in the upcoming reconciliation package.

Demand was brisk in the primary market while the short-term market traded sideways on the pressure from the heavy new issue calendar, the release of the FOMC minutes and Treasury auction.

John Pellici and Yaffa Rattner bring deep public finance experience to Hilltop.

States can borrow from the federal government when needed to provide unemployment benefits, but it can create an unwieldy overhang.

The authority succeeded in selling unrated bonds to take out CCC-rated bonds.

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

Cyber criminals threaten the safety of patients and the financial health of hospitals. The life-and-death stakes underscore the importance of online security.

Most recently, he was a principal investment officer and head of global equity at the Los Angeles County Employees Retirement Association, or LACERA.

The Puerto Rico Aqueduct and Sewer Authority sold $813 million of senior lien revenue bonds consisting of tax-exempt refunding, taxable refunding and forward delivery refunding bonds.

Analysts cited steady improvements in the California capital city's reserves, revenue prospects and renewal of a voter-approved property tax.

Automatic deposits would flow to the near empty rainy day and pension stabilization funds if the state government's unpaid bill backlog stays under $3 billion.

Kentucky Gov. Andy Beshear talks with Chip Barnett about economic progress the Commonwealth has made this year and how the state-local government partnership strengthened during the pandemic. He describes the heartbreaking human cost of the virus, the deadly toll it took on residents and why the Delta variant is a continuing cause of concern. (14 minutes)

The underestimate came as the board was concerned about the impact of COVID-19 on the island's economy.

As New York City launched the first of its two-day retail order period on $1.039 billion of GO bonds, the market was uneventful ahead of $9.76 billion in the primary market this week

The House's powerful speaker will need to win the votes of moderates.

The taxable bonds will reduce the unfunded actuarial liability of, and employer contribution rates to, the Kansas Public Employees Retirement System.

Illinois hits the market over the next month with $500 million of new money and refunding bonds under its sales-tax backed Build Illinois bond program

The short end of the muni market saw trading of larger blocks at or below benchmarks but yield curves were little changed on a summer Friday.